Mark_Ockerbloom's Blog

I am not too happy. The feds need to pay attention to these executives who manipulate the sytem.

They need to pay more attention to when these corporate executives sell the stock of their companies. Many violate the time periods of when they are not supposed to sell and don't even receive a slap on the hand.

This has gone so far beyond the companies that caused this mess, I would rather pay $2,000 now than have more suffering and pay $4,000 later. To sit on the sidelines is to ask for a recession worse than we have seen since the great depression.

Most of the loans that remain are not as bad as the ones that have already gone through foreclosure, what remains is more a lack of confidence than anything else. All in all, the government should get back most if not all of what it puts in.

P.S. Remember Ameriquest – they pumped billions of dollars of bad loans onto the secondary market after packaging them as better than they really were, yet the head of that company is a Bush appointed ambassador somewhere and the company is gone. Many of the predators that caused this are already gone, those that remain just trusted that the system that has been trusted for decades still worked.

Mark, We will be very lucky if it is only $200It will be closer to $5-$8 thousand each or more. We do have to admit that we all like it when the money managers raise the roof with profits however so we all have to shre this. Any way we now know what socialism is realy for: to bail out the big money player when they get far out with speculation. I wonder what Karl Marx would say about this mess? To Chip: Sen. McCain has been in the senate for decades and the GOP has controlled both Houses of Congress for most of the past 8 yars and Sen. McCain has always defined himself as a deregulation man as are many senior GOP people. I just don't think we can let anyone off the hook with this one. They (McCain and Barrack) need o spell out what they will do both in the short term and the long term to deal with this and just what we the people will get for giving them all the money.

That must be why he had Phil Gramm advising him, Chip.

I like what La Costra Nostra/Old Country/ Old timers believe a piece of paper or document is risky business as we see now! give me something solid to hold onto too!!!GOLD actual things i still believe Large Parcels of Land and "SUB DIVIDE IT" is they way to go...Land is semi cheap in the right place....if you need to send your kid to college or a life time trip or 2ND house or an accident you have something solid that has worth.....that you can turn into CA$H!!!!!! My Welsh Great Grand mother ran a General Store in Revere before an after the DEPPRESSION she had 10 kids when the bells were manipulated by people like the Kennedy's an others "side note: My relatives lived in Greenwich and ran WALL ST an lived right behind the Skakel's it was their yard the found the GOLF CLUB that Micheal Skakel used" in New York SHE WAS GOLDEN she kept her monies in access an the safe!!! right now these losers thieves who ran Fannie Mae an Freddie Mac an other lending companies are "SITTING PHAT!!" while we have to pay higher taxes to bail out their swindling ways....and they get to keep all their accents! fancy cars an homes and bank accounts...F them...those bastards....they have done it again to the American tax payer just like what happen during the Depression an S&L crisis and other times in the Nations History...2,000? to bail them out? LOL!!!!! they are lying!!! tell me another one...

The CEO of Lehman took home over 34 million last year, knowing full well his company was tanking. Now we have to bail his greedy arse out. What about me?

Does anyone really think that if regulatory legislation had passed in 2006, this crisis would have been averted? This crisis began long before 2006.

Sadly, I do remember the misery index--I also remember every evening new starting with "Day 263 of the hostage crisis" and "the death toll today" during the Vietnam Conflict.

Yes, I am still better off today than I was after the dotcom bubble burst.

Govmtlocust, damn Ted Koppel made his whole career of the Iranian Hostage Crisis an made a few million to boot...We wouldn't of had NIGHTLINE if wasn't for Jimmy's wicked adventures an we wouldn't of got to drink Billy Beer, or had seen Jimmy Carter beating a swimming swamp rabbit attack his boat..LOL!!!!!!!!Got love the Dem's they talk anti war but they create most of them...an the conservative youth an men have to go clean up their messes.....If this bail out wasn't so sad the FLEECING OF AMERICA Barack Obama would have me in tears with his pointing the finger at McCain and who's on his staff....Barack Obama was the 2nd highest in PAC contributions from Bill Clinton's hacks that were operating Fannie Mae...they had so many in there I thought it was CNN "The Clinton News Network" the most busted name in news with most liberal staff from the Clinton White House...The best hack i saw was Clinton old time friend form his college days Christian Amanpour hold up Intelligence Documents at the end of her SPECIAL IN THE FOOT STEPS OF BIN LADIN an say President Bush had these!!!! problem was it was the same Intelligence Reports just with a name change that Clinton had right after he attacked Iraq on DEC 17TH 1998 upo to the time he left office..THE DEC. 1998 P.D.B. that Bin Laden was going to HIJACK AIRLINERS...........and all the evidence that came after...But Clinton sat on a 1998 Indictment out of NEW YORK CITY by Federal Prosecutor Mary Joe White an F.B.I. Agent John O'Neill of Bin Laden an others Clinton failed to act an 1 big reason he was taking money from a Dubai Sheikh who

It is sad, but we have created this mess. Our whole economy is now based on how much we as Americans have in debt. We have a debt based economy how sad is that. We have not only maxed out our credit cards, but have maxed out our country.

In addition, I think the republicans and democrats like the idea that they can keep making a mess and then blame each other. I think they prefer it that way. We are the ones that keep falling for it. Elect never re-elect.